ASX Announcement 13 January 2017 ASX: DRM RETIREMENT OF CHAIRMAN

Doray Minerals Ltd (ASX: DRM, "Doray" or "the Company") advises that Mr Peter Lester, Non-Executive Chairman of Doray, has informed the Board of his intention to retire from the Company effective from Monday 16 January 2017 to focus on his other business interests.

During his tenure as Chairman of the Company, Doray successfully acquired the Deflector Gold Project, funded its development and transitioned into a multi-mine producer.

The Board expresses its thanks to Mr Lester for his guidance and contribution over the past 2 ½ years.

The Company has commenced a search for a replacement Chairman and will provide an update as soon as practicable.

For further information, please contact: Leigh Junk

Managing Director Doray Minerals Ltd

+61 8 9226 0600

-ENDS-

About Doray Minerals Limited

Doray Minerals Limited is an Australian gold producer, developer and explorer with two new high-grade Western Australian gold assets: the Andy Well Gold Project, which commenced production in August 2013; and the Deflector Gold Project, which commenced production in May 2016.

Doray has a strategic portfolio of gold exploration properties within Western Australia and South Australia and each presents multiple discovery opportunities. The Company's Board and management team has a proven track record in discovery, development, and production.

Doray Minerals Limited published this content on 13 January 2017 and is solely responsible for the information contained herein.
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